The tax implications of financial orders will be dependent on the type of orders made, the nature of the assets and the circumstances of the case. Specialist tax advice should be sought as required, in particular as to the net effect of the order before it is made. Particular considerations apply in relation to pensions. See Practice Notes: Tax implications of financial orders and Tax implications in relation to pensions.
There are a number of tax consequences arising in connection with property adjustment orders, including:
whether there is an exemption from capital gains tax (CGT)—note that where a disposal occurs on or after 6 April 2023, changes to the CGT rules apply to transfers of assets between spouses and civil partners who are in the process of separating, and
whether stamp duty land tax (SDLT) is payable
See: Property adjustment orders.
A party...
To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.
**Trials are provided to all LexisNexis content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisNexis services please email customer service via our online form. Free trials are only available to individuals based in the UK, Ireland and selected UK overseas territories and Caribbean countries. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
This week’s edition of the Family weekly highlights includes analyses of Family Procedure Rules 2010, Practice Direction Update No 5 of 2026 and new...
Family analysis: Family Procedure Rules 2010 (FPR 2010), Practice Direction (PD) Update No 5 of 2026 has been issued setting out amendments to nine...
Family analysis: In its first decision concerning the Child Focused Courts model, the Court of Appeal upheld orders for limited supervised direct...
Family analysis: On 29 October 2026, the President of the Family Division, Sir Stephen Cobb, launched new guidance for short notice public law...
If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application
Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a
Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin termDefinitionMeaningActa iure imperiiLegal
0330 161 1234